Grants for educational purposes

501(c)(3) charity; gifts are tax-deductible.
60¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $14K a year · 26% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
60%
of spending
Worth a look: 60% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$81K
Spent
$69K
To programs
60%
Net assets
$517K
By yearFY2020–FY2024
Revenue
$81K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$81K
FY2021$64K
FY2022$11K
FY2023$62K
FY2024$43K
Expenses
$69K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$69K
FY2021$59K
FY2022$70K
FY2023$67K
FY2024$65K
Net assets
$517K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$517K
FY2021$547K
FY2022$418K
FY2023$463K
FY2024$452K

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2005.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

60 cents of each dollar spent went to programs.

Program services 60% · $41K Management & general 26% · $18K Fundraising 14% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

See Horry County K-12 Foundation executive salaries →

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Programs and updates

Provides grants for educational purposes.

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Provided by the organization

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$81K
Ln 12
Other incomeLn 4–11$70K
Gifts and grantsLn 1h$11K
Money outPt IX
$69K
Ln 25
Programscol B$41K
Managementcol C$18K
Fundraisingcol D$10K
Owns and owesPt X
$517K
net assets · Ln 32
Total assetsLn 16$517K
LiabilitiesLn 26$0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$11K
Other incomeLn 4–11$70K
Total revenueLn 12$81K
Assets in detailPt X, end of year
Total assetsLn 16$517K
LiabilitiesLn 26$0
Net assetsLn 32$517K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $43K$65K−$22K$452K 990 PDF
FY2023 $62K$67K−$5K$463K 990 PDF
FY2022 $11K$70K−$59K$418K 990 PDF
FY2021 $64K$59K$5K$547K 990 PDF
FY2020 Viewing $81K$69K$12K$517K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons A · Public support O · Explanations

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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